What’s New with Shared Branching

June 9, 2020

whats new

By Trisha Wiggin-Fausnaugh, Operations Manager

With all the emphasis on new delivery channels, it’s easy to forget that many members still prefer banking in person. Shared branching gives your members that option nearly anywhere they are. In fact, CO-OP Shared Branch now offers more branches than any bank. Nationwide, accessibility to shared branching continues to grow.

In January 2020 our 105 acquiring credit unions did over 380,000 financial transactions for over $360 million for guest members. And members from our participating credit unions did over $353 million in transactions at shared branches, over $100 million of which were done outside of our six-state area.

Our credit unions opened 11 new branches in 2019 with more branches on the way this year.

New branches opened in 2019:

Blue FCU 2410 S. Highway 287 Lafayette CO 80026
Canvas CU 4111 Future Street Castle Rock CO 80109
Canvas CU 1101 Center Ave Mall Fort Collins CO 80521
Canvas CU 1031 Aloha Street Castle Rock CO 80104
Cottonwood Community FCU 1 Main Kooskia ID 83539
Guadalupe CU 218 Park Avenue Raton NM 87740
Northern Colorado CU 909 Mountain Ave Berthoud CO 80513
Pioneer FCU 404 Holly St Nampa ID 83086
Premier Members CU 6355 Promenade Pkwy Castle Rock CO 80108
Reliant FCU 1817 17th St Cody WY 82414
U-1st Community FCU 601 N Canal Carlsbad NM 88220